Tartarus — Telegram AMA — March 15
On Tuesday, March 15, we had the pleasure to welcome to our Telegram chat:
We asked him questions about the development of Tartarus.
Some sentences have been slightly edited for readability but the meaning has been conserved.
Q — Ayeley from GAINS: Tell us about yourself and your crypto journey so far
A — Johnathan from Tartarus: So my name is Johnathan and I handle marketing and strategy at Tartarus.
Talking in brief about my journey, I have been in crypto since the beginning of the ICO/STO era back in 2017’s and since then it’s been a roller coaster ride.
I have worked creating marketing campaigns & strategies for various protocols and projects across the cryptosphere. Fascinated by the Fantom network, I am here now ready to take Tartarus to a new height
Q — Ayeley from GAINS: How long have you been with Tartarus then?
A — Johnathan from Tartarus: So I am part of Tartarus’ core team. We ideated the concept back in October-November 2021 and now we are quite ahead in our roadmap
Q — Ayeley from GAINS: Let’s talk about the project now. What is Tartarus about in a few simple sentences?
A — Johnathan from Tartarus: Tartarus is a decentralized fundraising platform for new innovative projects built on the Fantom blockchain.
With an aim of providing an easy and accessible platform to investors looking for early access to vetted projects in the Cryptosphere,
Tartarus is here to empower Fantom-based projects by raising liquidity in a fair and smart manner and also developing the right target communities for them. At Tartarus, we extend the capabilities of conventional venture capital to anyone through democratized allocations and fair launches.
Tartarus is developed by a team and advisors from tech and fintech backgrounds and is backed by a vast community and KOL network, providing all the tools and resources to the projects, ensuring a successful IDO launch.
Q — Twitter user @Vyach235: What made you choose the Fantom network over any other popular networks? Which features offered by Fantom are the most convenient for Tartarus?
A — Johnathan from Tartarus: Fantom’s approach to the DeFi landscape is fast, scalable, and innovative, with the main focus of solving the blockchain trilemma which is to provide a balance between speed, decentralization, and security.
Offering faster transactions and lower fees than its competitors — fantom has proved itself as a keen competitor in the blockchain platform industry and as more & more projects are being launched on the Fantom network, there is an extensive need for a robust infrastructure to accelerate their growth — hence Tartarus
Q — Twitter user @Lauren_vzla: Tartarus is built on the Fantom network, so the main focus is on driving the growth of Fantom ecosystem projects. But, for this, you need to generate an innovative impact with well-examined projects. What qualities do you take into account when choosing a project to launch?
A — Johnathan from Tartarus: So that is where Tartarus shines in, we target projects which present novel utility in the Fantom Ecosystem.
Our team carefully verifies the projects which are not just an idea but have made considerable progress and can present in terms of a whitepaper, development team, code repositories, and are developing a test-net or main-net.
Focused on the initial development and legitimacy of the project’s team, Tartarus will launch quality projects that can actually be helpful for the growth of Investor Funds and Fantom Ecosystem
buy high sell low:
Tartarus Finance says it’s going to make the allocation process simple, fair, and smart by introducing a Tier System. Can you please explain to us how the tier system works? How many tiers will be available and what’s the maximum allocation for each tier?
Yes. So in regards to upcoming IDOs to be launched in Tartarus, we are going to make the allocation process simple, fair, and smart by introducing a Tier System. The tier system is being designed so that investors, big or small, can get the maximum benefit out of the IDOs of projects launched via Tartarus. More info coming soon — stay tuned
Q — Ayeley from GAINS: What role will the token play in the Tartarus ecosystem?
A — Johnathan from Tartarus: So, Tartarus tokens or $TART is a utility token and will have multiple uses, such as -
1. Providing allocations in the upcoming IDOs on Tartarus
2. Massive APYs and airdrops for long-term $TART HODLers
$TART will be launched on Fantom net. and will be developed further as a cross-chain token to raise capital and auctions on other blockchains. This will tap additional liquidity and users from other blockchains and then settled on Fantom.
You can also please find our Tokenomics below
Q — Telegram user Nigeria: How do I purchase the Tartarus token?
A — Johnathan from Tartarus: Right now you cannot. because it is not yet listed. However, you can participate in our coming $TART IDO. More details here.
Q — Ayeley from GAINS: Did you raise funds so far? If so, how did you handle them? And are you planning to do any future raises?
A — Johnathan from Tartarus: Yes. We have successfully completed our strategic investment round led by Black Edge Capital and Solidity Ventures.
Our network of backers and supporters has made the Tartarus dungeon stronger than ever. We have some pre-eminent crypto influencers including CryptoDaku, Michael Chen, TheMoonCarl, AltcoinSherpa, LilMoonLambo, Altcoindaily, and many more!!
You can check out the complete details here.
AND NOW — it’s time for our public IDO round and we’ll very soon announce the schedule for the same
Q — Ayeley from GAINS: How far along are you with your roadmap and what should we expect in the next weeks and months?
A — Johnathan from Tartarus: Yeah sure. So our private strategic round is successfully completed. We have completed the development of the Tartarus IDO Dashboard, and now we are in the final phase of launching $TART IDO.
Alongside, we are also working on new IDO launches via our launchpad and also a Tier system to guarantee a fair and smart allocation for our investors.
Q — Telegram user suzuki: On the website, you mention “Provides a user-friendly gateway to promote even non-crypto natives”. What are the efforts/ways that the Tartarus core team is doing to attract more users, especially non-crypto to attract Tartarus and create a strong community?
A — Johnathan from Tartarus: Simple UI. While developing Tartarus, we had the vision to bring not just crypto but even non-crypto native people to the launchpad ecosystem by providing a user-friendly experience. Tartarus UI has been developed to be simple, quick, and secure, to attract users from the nontech/crypto space. You can check it out here
Q — Telegram user Md Noyon22: Besides offering whitelisting on IDO, what else can you offer your investors? Could it be that they have DeFi products that help investors generate passive income?
A — Johnathan from Tartarus: So yes. besides introducing new innovative projects on the Tartarus launchpad for our investors — we will also have staking pools/yield programs to provide more benefit to $TART hodlers.
Our team is already working on it and once we launch our own IDO platform, those features will go LIVE very soon.
Thanks for coming into our community, and answering our questions, Johnathan. Do you have any final words for us? Where can we follow you to stay updated? — Ayeley Commodore-Mensah from GAINS
Thanks for having me here. Yes. Would like to thank the community for their time and lastly